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The figure to the right shows cost and demand curves for a monopolistically competitive producer of iced tea. Based on the diagram, one can conclude

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The figure to the right shows cost and demand curves for a monopolistically competitive producer of iced tea. Based on the diagram, one can conclude that O A. the industry is in long - run equilibrium. O B. new firms will enter the market. O C. some existing firms will exit the market. O D. firms achieve productive efficiency

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